SHANGHAI, Sept 3 (Reuters) – China will launch more futures contracts, including a shipping futures contract, and accelerate efforts to bring in more overseas investors to trade in its futures market, the State Council, or cabinet, said on Friday. China will also establish an international,...
Continue reading » September 3, 2021 admin Gold No Comment I recently found a presentation done by Robert Friedland that I had not seen before. It was a 30min video presentation shot during the “FT Commodities Global Summit” in March 2018. Robert had some interesting things to say and I always listen carfully when a...
Continue reading » March 1, 2019 admin Recommended Reading, State of The World No Comment Money Managers (semi dumb money) net long positions at 2 year highs (at least): Chinese Credit Creation vs Copper: … These are huge warning signs for investors that are long copper. Zerohedge recently posted an article titled “Something Strange Is Going...
Continue reading » August 23, 2017 admin Chart of the Day No Comment In a previous post I put up the following chart depicting the recent major divergence between Bitcoin and GDX (gold miner index) and that if recent history is a guide for the future, we should see Bitcoin and GDX converge. So what has happened since then?…...
Continue reading » January 10, 2017 admin Market Flash No Comment